Is inflation Japan's next battle?

This article on the IHT's site asks when the Bank of Japan will shift from a quantity theory approach to monetary policy and revert to using interest rate policy. That a change is being considered was hinted at last week by the bank's governor, Toshihiko Fukui, the article says, when he said that "eventually we will have to indicate in a transparent matter how we will conduct policy" when prices have stopped falling.

Is inflation Japan's next battle?

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